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Here’s what we are looking for in tomorrow’s economic reports (Dec 22, 2017) — Good Luck Trading!
1. UK GDP and Current Account Balance (04:30 NY Time) – No Trade – GDP revisions are hard to predict but changes will be market moving
2. CA GDP (8:30 NY Time) Bullish CAD – Potential for upside surprise given Stronger trade in and increase in retail sales
3. US Personal Income, Personal Spending, PCE Deflator and Durable Goods Orders (8:30 NY Time) Bullish USD – Potential for upside surprise given Wages up, retail sales up
4. US New Home Sales and U. of Mich. Report (10:00 NY Time) Bullish USD – Potential for upside surprise given large rise in Existing Home Sales